LOS ANGELES, March 19, 2025 (GLOBE NEWSWIRE) -- FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, today announced that Bottomline , a global leader in business payments, has been selected as winner of the “Best Overall FinTech Software” award in the 9th annual FinTech Breakthrough Awards program.The 2025 FinTech Breakthrough Award recognizes the standout innovation of Bottomline’s Commercial Digital Banking Platform, a breakthrough solution that goes beyond payments and cash management functionality to serve as a fully integrated commercial banking and payments platform. The product includes robust API capabilities enabling Financial Institutions to operate with more flexibility and agility and create unique customer experiences.Bottomline’s recently extended capabilities of the Commercial Digital Banking Platform include deep integration with Bottomline's Paymode Business Payments Network, allowing banks to better service business customers from small businesses to large corporations with multibank relationships. The integration creates the possibilities of new revenue streams for Financial Institutions by enabling them to better monetize payments by clearing vcards, checks and ACHs via the Paymode network versus traditional payment rails.By integrating Paymode with Bottomline’s Digital Banking platform, the enrollment process is seamless for customers. Upon login, eligible businesses will see a banner highlighting their enrollment eligibility and their estimated return based on their current payees matched with Paymode's 550,000+ network. Enrollment can be completed entirely online.Additionally, Bottomline's platform supports embedded risk management capabilities to mitigate fraud from both internal and external threats and delivers predictive analytics and benchmarking to enhance customer engagement, boost bank performance, and drive profitable relationships through proactive, usage-triggered outreach. The platform also provides patented real-time payments chat capabilities.“Bottomline makes banks and businesses smarter, enhancing user experiences while keeping clients and payments secure

PORTSMOUTH, N.H., Feb. 25, 2025 (GLOBE NEWSWIRE) - Bottomline, a global leader in business payments, has been awarded "Cross-Border Payment Company of the Year: North America" by International Banker.

MEMPHIS, Tenn., Feb. 20, 2025 /PRNewswire/ -- Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions and Bottomline, a global leader in business payments and cash management, have signed an agreement whereby Sedgwick will acquire Bottomline's industry-leading legal spend management (LSM) division. The LSM business services the property and casualty (PC) insurance industry, providing carriers, third party administrators (TPAs), self-insured entities and corporate legal departments with cloud-based software applications and complementary legal bill review solutions. Sedgwick will leverage Bottomline's modern and highly scalable LSM technology infrastructure, including its Legal-X and Legal eXchange web platforms, in helping clients control the cost of litigation. Pending the closing of the transaction, which is subject to customary conditions and regulatory approvals, Sedgwick plans to operate the LSM business as a separate division